Stocks Get Spanked But Excess Pessimism May Produce A Bounce – Forbes

Stocks Get Spanked But Excess Pessimism May Produce A BounceForbesBiotechnology stocks again got hammered again. The iShares Nasdaq Biotechnology Index (IBB) is down 20% since March 4 and fell 8% in the last two days of trading. Other pockets of momentum are also in a bloodbath. Netflix Netflix is down 30% from its ...